Windsor Brokers Review 2024 with Rankings By Dumb Little Man

By John V

January 10, 2024   •   Fact checked by Dumb Little Man

Overall Rating

Overall Ranking

Trading Terminals



Evaluation Criteria

Before making any impression of the brokerage firms, our expert panel on the Dumb Little Man platform does a complete analysis of the firm. This panel includes retail traders, financial advisors, and trading experts to ensure an accurate evaluation takes place without any personal biases. Moreover, the evaluation process is also comprised of an algorithm that distinguishes each broker from others based on standardized criteria. This criterion consists of the following factors:

  • Convenience
  • Profitability
  • Reliability
  • Broker's Competency
  • Affordability

Furthermore, the final step of the evaluation consists of the user's opinion and feedback. To provide a complete picture of the broker, we combine expert opinion and customer reviews before coming to any conclusion. The reviews of the existing customers provide a clear and objective image of the firm to potential clients as their are no personal bias involved.

After evaluating Windsor Markets on the above-mentioned criteria, we discovered that Windsor Markets is a reliable platform for traders and investors searching for a credible financial broker. Moreover, with its fast order executions and minimal slippage, Windsor Markets is not only a good choice for professional traders, but novice traders can also benefit from the low minimum deposit and demo or cent accounts.

Windsor Brokers Review

Windsor Brokers is a Cyprus-based forex broker that is known for providing traders with a range of digital tools to support their trading activities. The company is licensed and regulated by the International Financial Services Commission (IFSC), which adds a layer of credibility to its operations. However, it is worth noting that Windsor Brokers has a relatively low trust score of 40 out of 100, which may raise concerns for some potential traders.

When researching and evaluating Windsor Brokers, finding comprehensive and trustworthy reviews can be a challenging task. Locally or globally, it can be difficult to find a complete list of reviews from reputable sources. This lack of readily available information may make it harder for traders to make an informed decision before opening a demo account or trading on the Windsor Broker platform.

To address this gap, below is an in-depth review of Windsor Brokers that aims to provide valuable insights and help you evaluate the suitability of their services for your trading needs. By considering the information presented here, you can make a more informed decision regarding your choice of broker.

What is Windsor Brokers?

Windsor Brokers is a Cypriot forex broker company based in Limassol. Established in 1988, it is one of the longest-serving brokers in the industry. The company is regulated by the International Financial Services Commission (IFSC) in Belize, allowing it to offer services to clients worldwide except in the USA, EU, and Belize.

In addition to its IFSC regulation, Windsor Brokers is also licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). Under the entity WindsorBrokers.EU, which is domiciled in Limassol, the company primarily offers its services within the European region.

Windsor Brokers boasts a wide range of trading instruments, with over 600,000 financials available. These include forex, cryptocurrencies, CFDs, futures, metals, and bonds. This diverse offering allows traders to access various markets and potentially diversify their investment portfolios.

Over the years, Windsor Brokers has earned a strong reputation in the industry and has received awards for its services and developments. These accolades highlight the company’s commitment to providing quality services and its ability to meet the evolving needs of traders.

Safety and Security of Windsor Brokers?

Safety and security are essential considerations when choosing a forex broker, and Windsor Brokers takes measures to ensure a secure trading environment for its clients.

Windsor Brokers operates under the oversight of multiple regulatory authorities, which is an important factor in determining the safety of a broker. The company is licensed and regulated by the International Financial Services Commission (IFSC) of Belize, which governs its operations in global jurisdictions.

Additionally, Windsor Brokers is also regulated by the Cyprus Securities and Exchange Commission (CySEC) and is authorized by the European Economic Area (EEA) as well as compliant with the Markets in Financial Instruments Directive (MiFID). These regulatory bodies impose stringent rules and standards to protect traders’ interests and ensure fair practices.

To safeguard client funds, Windsor Brokers maintains segregated accounts. This means that client funds are kept separate from the company’s operational funds. The broker holds these segregated accounts in top-tier banks, providing an additional layer of security for traders’ funds.

In terms of data protection, Windsor Brokers takes measures to ensure the security and confidentiality of client information. They employ encryption protocols and advanced security systems to protect sensitive data from unauthorized access or breaches.

When conducting a Windsor Markets review, it is important to note that Windsor Brokers Ltd is a regulated broker that provides added security to clients through membership in the Investor Compensation Fund

Sign Up Bonus of Windsor Brokers

Windsor Brokers does not offer a sign-up bonus for first-time sign-ups or beginner traders. Additionally, the broker does not provide bonuses, rewards, promotions, or competitions to its clients. It’s important for traders to note that bonuses and promotional offers can come with certain terms and conditions, including trading volume requirements or withdrawal restrictions.

While some traders may be attracted to sign-up bonuses, it is also crucial to consider other factors such as the broker’s reputation, regulatory standing, trading conditions, and customer support when choosing a forex broker.

Minimum Deposit of Windsor Brokers

The minimum deposit required to open a real trading account with Windsor Brokers is $100 (one hundred US dollars). This minimum deposit amount allows traders to start trading and accessing the various financial instruments offered by the broker.

It is worth noting that the minimum deposit for first-time traders may vary depending on the type of trading account selected. Different account types may have different minimum deposit requirements, so it is advisable to check the specific details and conditions for each account type offered by Windsor Brokers.

After making the deposit, it is important to keep in mind that the activation of the deposit can take up to 72 hours. This means that it may take some time for the funds to be credited and for the trading account to be fully activated.

Account Types

Windsor Brokers offers two distinct account types, namely the Zero Account and the Prime Account, catering to different trading preferences and needs.

Zero Account

The Zero Account is designed for traders seeking tight spreads and direct market access. It features low or zero commissions, competitive spreads, and flexible leverage options. Margin call requirements and minimum deposit amounts vary depending on the specific trading instrument and market conditions.

Prime Account

On the other hand, the Prime Account is geared towards traders who desire enhanced services and features. It offers competitive spreads, commission structures, and additional benefits such as personalized customer support and advanced trading tools.

Similar to the Zero Account, leverage options, margin call requirements, and minimum deposit amounts for the Prime Account are influenced by the chosen trading instrument and prevailing market conditions.

Traders are encouraged to carefully assess their trading strategies, risk tolerance, and desired trading experience to select the most suitable account type for their individual needs. It is advisable to review the latest information on Windsor Brokers’ website or contact their customer support for any potential updates or changes to the account types.

Windsor Brokers Customer Reviews

Customer reviews of Windsor Brokers highlight both positive and negative aspects. On the positive side, the good broker is praised for being regulated and providing multilingual language support. It is also considered suitable for traders of all experience levels, offering educational resources and analysis.

However, there are drawbacks such as restricted access for clients from the USA, EU, and Belize, limited trading tool options with only MetaTrader 4 available, being classified as a Market Maker broker, and the presence of deposit and withdrawal fees. These reviews offer insights into the strengths and weaknesses of Windsor Brokers for potential traders to consider.

Windsor Brokers Spreads, Fees, and Commissions

Windsor Brokers offers varying spreads and commission charges, with spreads starting from as low as 0.0 pips. It’s important to note that the specific spread and commission rates can vary depending on the trading instrument and market conditions.

In addition to spread and commission charges, Windsor Brokers applies fees for deposits and withdrawals. Traders should be aware of these fees when considering their overall trading costs. The exact amount of the deposit and withdrawal fees may vary, so it is advisable to consult the broker’s official website or contact their customer support for the most up-to-date information on fee structures.

On a positive note, Windsor Brokers does not charge any inactivity fees, which means traders are not penalized for not actively trading or maintaining a minimum level of activity on their accounts.

Deposit and Withdrawal

While Windsor Brokers does charge deposit and withdrawal fees, it does not impose any inactivity fees. This means that traders are not penalized for not actively trading or maintaining a specific level of activity on their accounts.

Windsor Brokers charges deposit and withdrawal fees on various payment methods. The following details the fees associated with specific payment methods:


  • Credit/Debit Cards: 0%
  • Webmoney: 0.8%
  • UnionPay: 0%
  • Wire Transfer: Fees may vary
  • Neteller: 0%
  • Skrill: 0%


  • Credit/Debit Cards: $3, €3, £3 per transaction
  • Webmoney: 0.8%
  • UnionPay: 0%
  • Wire Transfer: Fees may vary
  • Neteller: $3, €3, £3 per transaction
  • Skrill: 1% minimum $3 USD/EUR/GBP/COP/INR

It is important for traders to be aware that additional charges may be waived or applied by their financial institution. Furthermore, currency conversion fees may be applicable if the transfer is made in a currency different from the account’s base currency.

How To Open a Windsor Brokers Account?

Opening an account with Windsor Brokers is a straightforward process. Here is a step-by-step guide on how to open an account:

Visit the Windsor Brokers website: Go to the official Windsor Brokers website using a web browser.

Account Registration: Look for the “Open Account” or “Register” button on the website’s homepage and click on it. This will typically take you to the account registration page.

Account Type Selection: Choose the account type that best suits your trading needs. Windsor Brokers usually offers different types of accounts with varying features and trading conditions. Consider factors such as minimum deposit requirements, leverage options, and available trading platforms when making your selection.

Personal Information: Fill in the required personal information accurately. This usually includes your name, email address, country of residence, and contact details. Follow the instructions provided on the registration form and ensure that all information is entered correctly.

Verification Process: In order to comply with regulatory requirements, Windsor Brokers may require you to complete a verification process. This typically involves providing identification documents such as a passport or driver’s license, as well as proof of address, such as a utility bill or bank account statement. Follow the instructions provided by the broker to complete the verification process.

Read and Agree to Terms and Conditions: It is important to read and understand the terms and conditions of the broker. Take the time to review the legal agreements, including the client agreement, risk disclosure statement, and privacy policy. If you agree to the terms and conditions, proceed with the registration process.

Fund Your Account: Once your account is successfully registered and verified, you will need to fund your Forex trading account. Windsor Brokers typically offers various payment methods such as bank transfer options, credit/debit cards, e-wallets, and other online payment systems. Choose the method that suits you best and follow the instructions provided by the broker to deposit funds into your account.

Start Trading: After your account is funded, you can log into your trading forex account using the credentials provided by Windsor Brokers. You will have access to the trading platforms and tools offered by the broker, allowing you to start trading in the financial markets.

Windsor Brokers Affiliate Program

Windsor Brokers offers an affiliate program that provides opportunities for individuals and companies to earn rewards by referring new traders to the broker. Here are the key features of Windsor Brokers’ affiliate program:

Referral Program

The referral program allows clients to earn rewards based on the trading activity of the newly referred traders. The exact amount of the reward is determined by the trading volume or other specified criteria set by Windsor Brokers.

Introducing Broker (IB)

The IB program provides discounts to clients or the client pays a portion of their fees to the introducing broker who referred them to Windsor Brokers. This enables the introducing broker to earn remuneration for their role in bringing in new traders.

Web Affiliates

Website owners or web affiliates can earn rewards for each trading account that is created through their directed traffic. They receive a commission or reward from Windsor Brokers for successfully directing potential traders to open accounts.

White Label Program

The White Label program is designed for partner companies that sell Windsor Brokers’ services under their own brand. These partner companies earn a fee for offering Windsor Brokers’ services to their own clients while maintaining their own branding and identity.

Windsor Brokers provides individual remuneration schemes for its partners and offers multilingual client support services. The setup process for becoming an affiliate is said to be easy, and partners are granted free access to the Windsor Partners portal, which likely offers tools and resources to manage and track their affiliate activities.

Windsor Brokers Customer Support

Windsor Brokers is known for its commendable customer support service. The review highlights the responsiveness and effectiveness of the support team in addressing clients’ needs. The customer support team is multilingual, offering assistance in various languages, including Chinese and English. This ensures that traders from different regions can easily communicate and receive support in their preferred language.

The support team can be reached through various channels, including live chat, phone, and email. The availability of live chat allows for real-time interaction, enabling traders to receive immediate assistance with their queries or concerns. Phone support provides a more direct and personal communication option, while email support allows for detailed inquiries or requests.

With a responsive and multilingual customer support team, Windsor Brokers aims to provide timely and effective solutions to traders seeking assistance with their brokerage services or inquiries related to the financial markets. Traders can rely on their support channels to address their concerns and receive the necessary guidance throughout their trading journey.

Advantages and Disadvantages of Windsor Brokers Customer Support

Advantages Disadvantages
  • Live Chat Convenience
  • Knowledgeable Support Team
  • Responsive Support
  • Language Limitation
  • Limited Availability

Windsor Brokers Vs Other Brokers

Therefore, it is important for clients to understand the highlight of each broker and comparisons with other brokers so that the traders are in the position to make an informed decision about which trader would best suit their trading style.

#1. Windsor Brokers vs. AvaTrade

Windsor Brokers is a regulated broker based in Cyprus, offering a range of trading instruments including forex, cryptocurrencies, CFDs, and more. They have a long-standing reputation in the industry and provide a multilingual customer support service. Windsor Brokers is known for its responsive customer support, quick online chat service, and a variety of educational resources for traders. However, their support service is not available on weekends, and they have some limitations in terms of language support and phone options.

AvaTrade, on the other hand, is a regulated broker with a global presence. They offer a wide range of trading instruments, including forex, stocks, commodities, and cryptocurrencies. AvaTrade provides a user-friendly trading platform, multiple account types to cater to different trader needs, and a variety of educational resources and analysis tools. They also offer a robust customer support service available 24/5, providing assistance through live chat, phone, and email. However, some traders may find their fees and spreads to be slightly higher compared to other brokers.

Verdict: If quick and responsive customer support, along with a variety of educational resources, are important, Windsor Brokers may be a suitable option. On the other hand, traders seeking a global presence, a user-friendly platform, and a wider range of trading instruments may prefer AvaTrade.

#2. Windsor Brokers vs. RoboForex

Windsor Brokers is a regulated broker based in Cyprus, offering a wide range of trading instruments including forex, cryptocurrencies, CFDs, and more. They have been operating since 1988 and have gained a good reputation in the industry. Windsor Brokers provides multilingual customer support, educational resources for traders, and a user-friendly trading platform. However, their customer support is not available on weekends, and they have some limitations in terms of language support and phone options.

RoboForex, on the other hand, is a global broker that offers a variety of trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies. They provide multiple account types, including ECN and Prime accounts, catering to different trading preferences. RoboForex offers a range of trading platforms, including MetaTrader 4 and MetaTrader 5, along with a selection of useful trading tools and analysis resources. They also have a 24/7 customer support service available through live chat, phone, and email.

Verdict: If a long-standing reputation and a variety of trading instruments are important, along with multilingual customer support, Windsor Brokers may be a suitable choice. On the other hand, traders who prefer a wider range of account types and round-the-clock customer support, along with a selection of trading platforms and tools, may lean towards RoboForex.

#3. Windsor Brokers vs FXChoice

Windsor Brokers is a regulated broker based in Cyprus. They provide a variety of trading instruments, including forex, cryptocurrencies, CFDs, and more. Windsor Brokers has a long-standing presence in the industry and offers a user-friendly trading platform, multilingual customer support, and educational resources for traders. However, their customer support is not available on weekends, and they have some limitations in terms of language support and phone options.

FXChoice, on the other hand, is a regulated broker with a focus on providing ECN trading conditions. They offer a range of trading instruments, including forex, metals, and cryptocurrencies. FXChoice is known for its competitive spreads and low commissions, making it appealing to active traders. They provide a choice of trading platforms, including MetaTrader 4 and MetaTrader 5, along with a variety of account types to suit different trading preferences. FXChoice also offers 24/7 customer support through live chat, phone, and email.

Verdict: If a user-friendly platform, multilingual support, and a wide range of trading instruments are important, Windsor Brokers may be a suitable option. On the other hand, traders who prioritize ECN trading conditions, competitive spreads, and a choice of trading platforms may prefer FXChoice.

Choose Asia Forex Mentor for Your Forex Trading Success

If you have a keen interest in establishing a successful career in forex trading and aspire to achieve substantial financial gains, Asia Forex Mentor stands as the optimal choice for the best forex, stock, and crypto trading course. Ezekiel Chew, renowned as the visionary behind trading institutions and banks, is the driving force behind Asia Forex Mentor. On a personal note, Ezekiel consistently achieves seven-figure trades, a distinction that truly sets him apart from other educators in the field. Here are the compelling reasons that underpin our recommendation:

Comprehensive Curriculum: Asia Forex Mentor offers an all-encompassing educational program that covers stock, crypto, and forex trading. This well-structured curriculum equips aspiring traders with the knowledge and skills necessary to excel in these diverse markets.

Proven Track Record: The credibility of Asia Forex Mentor is firmly established through its impressive track record of producing consistently profitable traders across various market sectors. This achievement serves as a testament to the effectiveness of their training methodologies and mentorship.

Expert Mentors: At Asia Forex Mentor, students benefit from the guidance and insights of experienced mentors who have demonstrated remarkable success in stock, crypto, and forex trading. These mentors provide personalized support, enabling students to navigate the intricacies of each market with confidence.

Supportive Community: Joining Asia Forex Mentor brings access to a supportive community of like-minded traders pursuing success in the stock, crypto, and forex markets. This community fosters collaboration, idea-sharing, and peer learning, enhancing the overall learning experience.

Emphasis on Discipline and Psychology: Success in trading necessitates a strong mindset and disciplined approach. Asia Forex Mentor provides crucial psychological training to help traders manage emotions, handle stress, and make rational decisions during trading.

Constant Updates and Resources: The financial markets are dynamic, and Asia Forex Mentor ensures that students remain up-to-date with the latest trends, strategies, and market insights. Continuous access to valuable resources keeps traders ahead of the curve.

Success Stories: Asia Forex Mentor takes pride in a multitude of success stories where students have transformed their trading careers and achieved financial independence through their comprehensive forex, stock, and crypto trading education.

In summary, Asia Forex Mentor emerges as the premier choice for those seeking the best forex, stock, and crypto trading course to carve a rewarding career and achieve financial prosperity. Through its comprehensive curriculum, experienced mentors, practical approach, and supportive community, Asia Forex Mentor provides the necessary tools and guidance to mold aspiring traders into accomplished professionals across diverse financial markets.





#1 Forex, Crypto and Stocks trading course. Ranked most comprehensive by Investopedia and Best by Benzinga. Free to Try!

Conclusion: Windsor Brokers Review

In conclusion, Windsor Brokers stands out as a secure and reliable forex broker, regulated by reputable authorities such as CySEC. With a minimum deposit requirement that caters to different account types, they offer flexibility for traders of various levels.

The presence of a dedicated client manager and the provision of an insurance policy demonstrate their commitment to client support and risk management. Windsor Brokers’ platform features social and copy trading, a diverse range of instruments, leverage options, and deposit bonuses. With its long-standing presence and competitive services, Windsor Brokers has established itself as a trusted broker for retail and professional traders worldwide.

Windsor Brokers Review FAQs

Can I trade cryptocurrencies with Windsor Brokers?

Yes, Windsor Brokers offers trading in cryptocurrencies along with other financial instruments. Traders can access popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, allowing them to participate in the exciting world of digital currencies.

Does Windsor Brokers provide educational resources for beginners?

Absolutely! Windsor Brokers understands the importance of education for traders, especially those who are new to the forex market. They offer a range of educational resources, including video tutorials, webinars, eBooks, and market analysis, to help beginners learn the basics of trading and improve their skills.

Can I use automated trading systems with Windsor Brokers?

Yes, Windsor Brokers supports automated trading through the use of Expert Advisors (EAs) on the MetaTrader platform. Traders who prefer algorithmic trading can develop or purchase EAs and deploy them on their trading accounts, allowing for automated trading based on predefined strategies and indicators.

Dumb Little Man Recommends - Top 3 Best Forex Brokers in 2023

John V

John is a digital marketing master's student who enjoys writing articles on business, finance, health, and relationships in his free time. His diverse interests and ability to convey complex ideas in a clear, engaging manner make him a valuable contributor to these fields.

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